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of <h1>CBDT Circular Sets Monetary Limits for Tax Appeals to Reduce Litigation; Exceptions Include Constitutional Issues, Illegal Orders.</h1> The circular issued by the Central Board of Direct Taxes (CBDT) under section 268A of the Income-tax Act, 1961, aims to reduce litigation by setting monetary limits for filing departmental appeals before various judicial bodies. It outlines exceptions where appeals can be filed regardless of monetary limits, such as cases involving constitutional validity, illegal orders, or significant tax evasion. The circular specifies monetary limits for appeals: Rs 50 lakh for the Appellate Tribunal, Rs 1 crore for High Courts, and Rs 2 crore for the Supreme Court. It emphasizes that appeals should be filed based on the case's merits and not solely on exceeding monetary limits.
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